NOT LISTED FOR SALE

Estimated Value: $177,100 - $227,000

-- Bed
-- Bath
1,314 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $165,000 $126 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,306/month

11 Days on Market

About This Home

As of December 2022

Looking for a great investment opportunity????!!! Looking for a duplex where you can live in one unit and rent the second one that'll pay most of your mortgage payment????
Look no further! This duplex has a two bedroom unit on the first floor that's partly updated, has laminate flooring, newer kitchen, and has great tenants and a one bedroom unit upstairs also partly upgraded with laminate flooring, fresh paint, newer kitchen that's very spacious, and the seller left that unit vacant for the next owner to maybe live in. This property is a great starter opportunity or even a place to live and get your tenants to pay a good amount of your bills! Most of the utilities are separated.
Property is conveniently located near bus stops, shopping centers, and major highways.
Make your appointment today!!!
Property is being sold in it's "As Is" condition. Seller will obtain CO

Last Agent to Sell the Property

Moustafa Aldouri

Kay and Jay Realty Inc Listed on: 09/01/2022

Last Buyer's Agent

Moustafa Aldouri

Kay and Jay Realty Inc Listed on: 09/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1930

Lot Details

  • 1,999 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Side-by-Side

Interior Spaces

  • 1,314 Sq Ft Home
  • Basement with some natural light

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Heating
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00037
  • Assessor Parcel Number 08-01034-00037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-09-01
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a great investment opportunity????!!! Looking for a duplex where you can live in one unit and rent the second one that'll pay most of your mortgage payment???? Look no further! This duplex has a two bedroom unit on the first floor that's partly updated, has laminate flooring, newer kitchen, and has great tenants and a one bedroom unit upstairs also partly upgraded with laminate flooring, fresh paint, newer kitchen that's very spacious, and the seller left that unit vacant for the next owner to maybe live in. This property is a great starter opportunity or even a place to live and get your tenants to pay a good amount of your bills! Most of the utilities are separated. Property is conveniently located near bus stops, shopping centers, and major highways. Make your appointment today!!! Property is being sold in it's "As Is" condition. Seller will obtain CO
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Total Sq Ft: 1314
  • Living Area Sq Ft: 1314
  • Price Per Sq Ft: 129.30
  • Above Grade Finished Sq Ft: 1314
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4014

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CAMDEN CITY SCHOOLS
  • School District Key: 300200396977
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45700.00
  • Land Assessed Value: 20000.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1999.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1804545
  • Tax Annual Amount: 2200.00
  • Assessor Parcel Number: 08-01034-00037
  • Tax Lot: 00037
  • Tax Total Finished Sq Ft: 1314
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/06/2022

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: CAMDEN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 6, 2022
Sold by
Aldouri Mohammad
Bought by
1265 Magnolia Ave Llc
Seller's Agent
Moustafa Aldouri
Kay and Jay Realty Inc
Buyer's Agent
Moustafa Aldouri
Kay and Jay Realty Inc
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
149
Current Estimated Value
$207,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,525
Avg. Annual Appreciation
8.63%
Original Mortgage
$250,000
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 8, 2021
Sold by
Lu Phuoc N
Bought by
Aldouri Mohammad

Purchase Details

Closed on
Jun 9, 2014
Sold by
Le Dat Tien
Bought by
Lu Phuoc N
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1265 Magnolia Ave Llc $165,000 Fidelity National Title
1265 Magnolia Ave Llc $165,000 Fidelity National Title
Aldouri Mohammad $100,000 Platinum Abstract Co Llc
Lu Phuoc N $50,000 Regional Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1265 Magnolia Ave Llc $311,250
Closed 1265 Magnolia Ave Llc $50,000
Previous Owner 1265 Magnolia Ave Llc $250,000
Previous Owner Lu Phuoc N $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $165,000 -2.9% $126 / Sq Ft
09/01/2022 09/01/22 For Sale $169,900 -- $129 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,402 $67,800 $20,000 $47,800
2024 $2,250 $67,800 $20,000 $47,800
2023 $2,250 $65,700 $20,000 $45,700
2022 $2,208 $65,700 $20,000 $45,700
2021 $2,200 $65,700 $20,000 $45,700
2020 $2,089 $65,700 $20,000 $45,700
2019 $2,001 $65,700 $20,000 $45,700
2018 $1,990 $65,700 $20,000 $45,700
2017 $1,941 $65,700 $20,000 $45,700
2016 $1,880 $65,700 $20,000 $45,700
2015 $1,809 $65,700 $20,000 $45,700
2014 $1,766 $65,700 $20,000 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2032256

Bright MLS

APN: 08-01034-0000-00037